‘I Will Abolish E-levy In 2025 If NDC Win Power’ – John Mahama
John Dramani Mahama, 2020 National Democratic Congress (NDC) flagbearer has promised Ghanaians that if voted into power in 2025, a new NDC government will scrap the E-Levy Act.
Addressing the nation, the former President said the E-levy is only a distortionary and burdensome tax that only forces Ghanaians to pay more while suffering.
Mr Mahama speaking on Monday May 2nd 2022 on the theme ‘Ghana At A Crossroads’, he said, “unfortunately in the face of this self-inflicted economic catastrophe, this government against all sound advise has decided to introduce the E-Levy that heaps more suffering on Ghanaians.”
“A new national democratic congress government, God willing, with the votes of the sovereign people of Ghana, in 2025 will repeal the E-Levy act,” he added.
John Mahama said the E-Levy is regressive and only seeks to overtax the people of Ghana while explaining that even though the NDC is not against taxation, neither will they coin “fanciful” praises to condemn it.
“Let’s take for example, a worker gets paid in his electronic wallet, his Pay As You Earn (PAYE) tax has been deducted already. For every transfer or purchase above GH¢100 he makes on his e-wallet, he has to pay an additional 1.5% multiple times he uses MoMo,” he stated.
Mr. Mhama added that people will now be forced to use more cash than electronic transactions as part of their daily operations.
The 2020 NDC flagbearer added that it is even more saddening that the levy was implemented on May Day, when workers were supposed to be celebrated.
The e-levy which began on Sunday, May 1, is expected to see 1.5% levy on e-transactions.